NASDAQ:MRVL - Marvell Technology Group Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $15.38 -0.06 (-0.39 %) (As of 12/10/2018 10:18 AM ET)Previous Close$15.44Today's Range$15.3050 - $15.7052-Week Range$14.69 - $25.18Volume3.97 million shsAverage Volume9.65 million shsMarket Capitalization$10.17 billionP/E Ratio14.79Dividend Yield1.55%Beta1.02 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a range of storage products, including hard disk drive (HDD) and solid-state drive controllers, as well as HDD components, such as HDD preamps components; and develops software-enabled silicon solutions comprising serial advanced technology attachment port multipliers, bridges, serial attached SCSI, and non-volatile memory express redundant array of independent disks controllers and converged storage processors for enterprises, data centers, and cloud computing businesses. The company also provides networking products, which includes Ethernet solutions consisting of Ethernet switches, Ethernet physical-layer transceivers, and single-chip network interface devices; and embedded communication processors. In addition, it offers a portfolio of connectivity solutions, including Wi-Fi and Wi-Fi/Bluetooth integrated system-on-a-chip products, which are integrated into various end devices, including enterprise access points, home gateways, multimedia devices, gaming products, printers, automotive infotainment and telematics units, and smart industrial devices. Further, the company provides printer-specific standard products, as well as full-custom and application-specific integrated circuits; and application processors. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology Group Ltd. was founded in 1995 and is headquartered in Hamilton, Bermuda. Receive MRVL News and Ratings via Email Sign-up to receive the latest news and ratings for MRVL and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductors SectorComputer and Technology Current SymbolNASDAQ:MRVL Previous Symbol CUSIPG5876H10 Webwww.marvell.com Phone441-296-6395 Debt Debt-to-Equity Ratio0.25 Current Ratio2.54 Quick Ratio1.76 Price-To-Earnings Trailing P/E Ratio14.79 Forward P/E Ratio17.88 P/E Growth1.91 Sales & Book Value Annual Sales$2.41 billion Price / Sales4.20 Cash Flow$1.2494 per share Price / Cash Flow12.31 Book Value$8.35 per share Price / Book1.84 Profitability EPS (Most Recent Fiscal Year)$1.04 Net Income$520.83 million Net Margins4.76% Return on Equity10.43% Return on Assets8.41% Miscellaneous Employees3,749 Outstanding Shares658,400,000Market Cap$10.17 billion OptionableOptionable Marvell Technology Group (NASDAQ:MRVL) Frequently Asked Questions What is Marvell Technology Group's stock symbol? Marvell Technology Group trades on the NASDAQ under the ticker symbol "MRVL." How often does Marvell Technology Group pay dividends? What is the dividend yield for Marvell Technology Group? Marvell Technology Group announced a quarterly dividend on Thursday, December 6th. Stockholders of record on Wednesday, December 26th will be given a dividend of $0.06 per share on Tuesday, January 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.56%. View Marvell Technology Group's Dividend History. How will Marvell Technology Group's stock buyback program work? Marvell Technology Group announced that its board has authorized a stock repurchase program on Tuesday, October 16th 2018, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued. How were Marvell Technology Group's earnings last quarter? Marvell Technology Group Ltd. (NASDAQ:MRVL) issued its quarterly earnings data on Tuesday, December, 4th. The semiconductor company reported $0.33 EPS for the quarter, beating the Zacks' consensus estimate of $0.32 by $0.01. The semiconductor company had revenue of $851.05 million for the quarter, compared to analysts' expectations of $844.07 million. Marvell Technology Group had a net margin of 4.76% and a return on equity of 10.43%. Marvell Technology Group's quarterly revenue was up 38.1% compared to the same quarter last year. During the same period last year, the business posted $0.34 EPS. View Marvell Technology Group's Earnings History. When is Marvell Technology Group's next earnings date? Marvell Technology Group is scheduled to release their next quarterly earnings announcement on Thursday, March 14th 2019. View Earnings Estimates for Marvell Technology Group. What guidance has Marvell Technology Group issued on next quarter's earnings? Marvell Technology Group issued an update on its fourth quarter earnings guidance on Tuesday, December, 4th. The company provided earnings per share (EPS) guidance of $0.30-0.34 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.33. The company issued revenue guidance of $790-830 million, compared to the consensus revenue estimate of $849.02 million.Marvell Technology Group also updated its Q4 2019 guidance to $0.30-0.34 EPS. What price target have analysts set for MRVL? 19 brokerages have issued 1-year target prices for Marvell Technology Group's shares. Their predictions range from $17.30 to $30.00. On average, they anticipate Marvell Technology Group's share price to reach $24.7150 in the next year. This suggests a possible upside of 60.7% from the stock's current price. View Analyst Price Targets for Marvell Technology Group. What is the consensus analysts' recommendation for Marvell Technology Group? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology Group in the last year. There are currently 3 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marvell Technology Group. What are Wall Street analysts saying about Marvell Technology Group stock? Here are some recent quotes from research analysts about Marvell Technology Group stock: 1. Needham & Company LLC analysts commented, "MRVL reported in-line results for the combined company’s first full quarter. Storage revenue was in line with expectations while Networking was better than expected, driven by MRVL’s switch/PHY products and OCTEON processors. However, F4Q19 guidance fell below expectations due to a weak outlook for Storage and WiFi, partially mitigated by LSD Q/Q growth in Networking. MRVL expects Storage to remain soft for several quarters as customers work through excess inventory. While we remain buyers of MRVL given its attractive valuation and growth opportunities in the Infrastructure markets, we are lowering our estimates and PT to $25, which is 15x our CY20 NG EPS estimate, to reflect the near term softness in the Storage business." (12/5/2018) 2. According to Zacks Investment Research, "Marvell is benefiting from strong demand for data storage in the cloud. Its latest buyout of Cavium is expected to broaden its offerings beyond hard disk drives microprocessors and help it enter into high growth areas such as data centers and wireless communications. Management is optimistic about three new storage architecture solutions that the company released. Also, we believe that the strong demand for Marvell’s 4G LTE products could be a growth driver. Estimates have been stable lately ahead of the company’s Q3 earnings release. The company has mixed record of earnings surprises in recent quarters. Nonetheless, Marvell faces customer concentration risk. The loss of any customer may reduce orders, thereby impacting revenues and operating results. Shares underperformed the industry on a year-to-date basis." (11/14/2018) Has Marvell Technology Group been receiving favorable news coverage? Media coverage about MRVL stock has been trending very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Marvell Technology Group earned a media sentiment score of 3.9 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. Are investors shorting Marvell Technology Group? Marvell Technology Group saw a decline in short interest in the month of November. As of November 15th, there was short interest totalling 23,054,672 shares, a decline of 17.8% from the October 31st total of 28,058,933 shares. Based on an average daily trading volume, of 9,690,288 shares, the days-to-cover ratio is presently 2.4 days. Currently, 3.7% of the company's shares are short sold. View Marvell Technology Group's Current Options Chain. Who are some of Marvell Technology Group's key competitors? Some companies that are related to Marvell Technology Group include Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), Xilinx (XLNX), TOKYO ELECTRON/ADR (TOELY), Advanced Micro Devices (AMD), Kyocera (KYOCY), Microchip Technology (MCHP), Maxim Integrated Products (MXIM), Skyworks Solutions (SWKS), STMicroelectronics (STM), ASE Technology (ASX) and Qorvo (QRVO). Who are Marvell Technology Group's key executives? Marvell Technology Group's management team includes the folowing people: Mr. Matthew J. Murphy, Pres, CEO & Director (Age 45)Ms. Jean Hu, Chief Financial Officer (Age 55)Mr. Neil Y. Kim, Exec. VP & CTO (Age 59)Mr. Mitchell Lee Gaynor, Exec. VP and Chief Admin. & Legal Officer (Age 58)Mr. Thomas F. Lagatta, Exec. VP of Worldwide Sales & Marketing (Age 60) Who are Marvell Technology Group's major shareholders? Marvell Technology Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (8.29%), Vanguard Group Inc. (8.08%), Starboard Value LP (5.21%), BlackRock Inc. (4.94%), Standard Life Aberdeen plc (2.03%) and Standard Life Aberdeen plc (2.03%). Company insiders that own Marvell Technology Group stock include Marvell Semiconductor, Inc Ca, Matthew J Murphy, Michael G Strachan and Sehat Sutardja. View Institutional Ownership Trends for Marvell Technology Group. Which major investors are selling Marvell Technology Group stock? MRVL stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Los Angeles Capital Management & Equity Research Inc., Soros Fund Management LLC, Victory Capital Management Inc., FMR LLC, Standard Life Aberdeen plc, Standard Life Aberdeen plc and Glenmede Trust Co. NA. Company insiders that have sold Marvell Technology Group company stock in the last year include Marvell Semiconductor, Inc Ca, Matthew J Murphy and Michael G Strachan. View Insider Buying and Selling for Marvell Technology Group. Which major investors are buying Marvell Technology Group stock? MRVL stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Morgan Stanley, Credit Suisse AG, American Century Companies Inc., Wells Fargo & Company MN, Teachers Advisors LLC and Jennison Associates LLC. View Insider Buying and Selling for Marvell Technology Group. How do I buy shares of Marvell Technology Group? Shares of MRVL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Marvell Technology Group's stock price today? One share of MRVL stock can currently be purchased for approximately $15.38. How big of a company is Marvell Technology Group? Marvell Technology Group has a market capitalization of $10.17 billion and generates $2.41 billion in revenue each year. The semiconductor company earns $520.83 million in net income (profit) each year or $1.04 on an earnings per share basis. Marvell Technology Group employs 3,749 workers across the globe. What is Marvell Technology Group's official website? The official website for Marvell Technology Group is http://www.marvell.com. How can I contact Marvell Technology Group? Marvell Technology Group's mailing address is 22 VICTORIA STREET, HAMILTON D0, HM 12. The semiconductor company can be reached via phone at 441-296-6395 or via email at [email protected] MarketBeat Community Rating for Marvell Technology Group (NASDAQ MRVL)Community Ranking: 2.5 out of 5 ( )Outperform Votes: 1,051 (Vote Outperform)Underperform Votes: 1,038 (Vote Underperform)Total Votes: 2,089MarketBeat's community ratings are surveys of what our community members think about Marvell Technology Group and other stocks. Vote "Outperform" if you believe MRVL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRVL will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 12/10/2018 by MarketBeat.com StaffFeatured Article: How Do You Calculate Return on Equity (ROE)?